Director at Gemini Space (GEMI) receives 42,462 RSUs as equity pay
Rhea-AI Filing Summary
Filipakis Maria reported acquisition or exercise transactions in this Form 4 filing.
Gemini Space Station, Inc. director Maria Filipakis received a grant of 42,462 restricted stock units (RSUs) of Class A common stock as director compensation. The award was made at no cash cost per share and increased her direct holdings to 77,170 shares.
Each RSU represents one share of Class A common stock upon vesting. The units vest on the earlier of the first anniversary of the grant date or the day immediately before the next annual stockholder meeting, as long as she continues serving as a director.
Positive
- None.
Negative
- None.
Insights
Routine director RSU grant with no cash purchase or sale.
The transaction shows Maria Filipakis, a director of Gemini Space Station, Inc., receiving 42,462 RSUs at a price of $0.00 per share under the Non-Employee Director Compensation Policy. This is compensation, not an open-market trade.
After the grant, she directly holds 77,170 shares, so this award represents a substantial portion of her visible equity stake. The RSUs vest on the earlier of the first anniversary of the grant date or immediately before the next annual stockholder meeting, conditioned on continued board service.
The filing does not show option exercises, sales, or derivative positions, and there is no reference to a Rule 10b5-1 trading plan. Overall, this appears to be a standard equity retainer for a non-employee director rather than a signal-driven market transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 42,462 | $0.00 | -- |
Footnotes (1)
- [object Object]